Nuclear Power Stock Oklo Surged 64% Last Week—Here Are The Key Price Levels to Watch
Key Takeaways
- Shares in Oklo remain in focus after soaring last week as the Trump administration made nuclear energy a focal point in recent trade talks.
- After breaking out from a textbook ascending triangle early last week, the price accelerated higher, signaling a continuation of the stock’s long-term uptrend. The relative strength index confirms strong price momentum, though the indicator has climbed to a reading that has preceded prior consolidation periods.
- Bars pattern analysis projects a potential upside price target of around $410 and indicates the the trend could last until mid January next year.
- Investors should watch major support levels on the chart near $85, $70 and $58.
Shares in nuclear reactor developer Oklo (OKLO)…
